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Daily Times * Shaukat Tarin says demand to increase electricity tariff by IMF is unjustified * If current government is not able to take GDP growth to 5%, Pakistan will be at 'God's mercy' for next four years May 4, 2021 Newly appointed Finance Minister Shaukat Tarin on Monday said that the International Monetary Fund (IMF) committed ‘grave injustice’ against Pakistan in terms of the extended fund facility offered to the country, a private TV channel reported. “IMF did injustice to Pakistan … the demand to increase the electricity tariff is unjustified,” he said during a meeting of ...

Finance Minister Shaukat Tarin slams IMF for forcing Pak govt to increase electricity tariff Pakistan Mon, May 03, 2021 Newly-appointed Finance Minister Shaukat Tarin on Monday slammed the International Monetary Fund (IMF) for forcing Pakistan to increase the electricity tariff and termed it “injustice”. Tarin spoke about the global money lender in a meeting of the National Assembly’s Standing Committee on Finance, Revenue, and Economic Affairs. The meeting was chaired by the committee chairman, Faiz Ullah Kamoka. “IMF did injustice to Pakistan, the demand to increase the electricity...

'IMF committed grave injustice against Pakistan': Finance Minister Shaukat Tarin By Monday May 03, 2021 Newly-appointed Finance Minister Shaukat Tarin says the demand to increase the electricity tariff by IMF is unjustified. Finance minister says increase in tariff is leading to a rise in inflation in Pakistan.  Tarin says if current govt is not able to take GDP growth to 5%, then the country will be at God’s mercy for next “four years”. Newly-appointed Finance Minister Shaukat Tarin on Monday said that the International Monetary Fund (IMF) committed grave “injustice” against Pak...

Ahsan Iqbal and other members from the Opposition were of the stance that financial impact of any ordinance to public should also be considered. — DawnNewsTV ISLAMABAD: Majority of the members of the National Assembly’s Standing Committee on Finance on Wednesday strongly criticised the government for implementing financial decisions through presidential ordinances, saying it was violation of the constitution and an insult to the parliament. The meeting of the committee presided over by PTI lawmaker Faiz Ullah dropped detailed discussions on State Bank of Pakistan Amendment Bill 2021 and t...

A parliamentary panel on Thursday res­isted a government bill seeking powers to impose surcha­rge on electricity consumers required under the IMF de­al. ─ File ISLAMABAD: A parliamentary panel on Thursday res­isted a government bill seeking powers to impose surcha­rge on electricity consumers required under the IMF de­al, while the standing committee on finance unanimously clea­red another bill for corporate restructuring of companies. At a meeting of the Standing Committee of the National Assembly on Power, the secretaries of Power and Finance pleaded clearance of amendment to the N...